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Director of Accounting Center of Excellence

Company: Professional Diversity Network
Location: Gilberts
Posted on: April 8, 2021

Job Description:

Director of Accounting Center of Excellence- SBS - US Company: US6440 Sysco Business Services, Division of Sysco Resources Services, LLCZip Code:77077Minimum Level of Education:Bachelor's DegreeMinimum Years of Experience:7 YearsEmployment Type:Full TimeTravel Percentage: 0OVERVIEW:We offer our associates the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We're looking for talented, hard-working individuals to join our team. Come grow with us and let us show you why Sysco is at the heart of food and service.Position Summary: The Director the Accounting Center of Excellence will provide strategic direction and operational guidance to fulfill reporting requirements for Property Accounting, Lease Accounting, Truck Leasing, Revenue Accounting and all items centrailized and technical accounting related Including:

  • Property Accounting includes the development, acquisition and maintenance of asset records on behalf of Sysco for North American companies.
  • Lease Accounting includes the Sysco Global Center of Excellence for Leasing and will serve a critical governance role as a subject matter expert for lease accounting under ASC 842 (including Europe that will support lease accounting under IFRS 16.)
  • Revenue Accounting includes the review of complex contracts to ensure technical accounting guidance under ASC606 is being embedded in the accounting operational processes Primary Responsibilities:
    • Responsible for the day-to-day management and development of resources at Shared Business Services, virtual Global Center of Excellence and supervision over work that has been offshore.
    • Responsible for providing guidance and support in resolving escalated issues and other complex technical accounting activities
    • Significant interaction with the Corporate Accounting, Financial Reporting, Market Finance, International Finance and Sourcing teams, as well as the Treasury, Legal, Internal Audit, Policies and Controls, Real Estate and Fixed Assets departments.
    • Critical governance role as a subject matter expert for property accounting, lease accounting, and revenue accounting
    • Oversee property additions through direct purchases, monitor CIP, unitizations of assets, transfers and retirements of assets. This will include reporting for GAAP and Tax purposes.
    • Oversee lease accounting staff and lease accounting software, SOX risk compliance and accurate financial reporting, collaboration with Sysco's North American finance leaders and accounting teams to action appropriate accounting treatment for asset and lease, researching applicable accounting guidance when complex lease accounting matters arise, and coordination of the lease vs buy decision making process.
    • Implement global accounting policies and evaluate internal control procedures over property, lease, and revenue accounting and all centralized technical accounting activities.
    • Act as a business partner on behalf of the Shared Business Services center to various departments, including Procurement and IT in order to identify and implement improvements
    • Ensuring organizational compliance with lease accounting guidelines and internal lease accounting policies and procedures under ASC 842 and IFRS 16 as well as revenue recognition under ACS 606
    • Provide supporting schedules and reports for Tax compliance
    • Act as a liaison for the Market Finance on in scope activities
    • Deliver insights to Senior Management and Strategic Sourcing through analytics and comparisons to forecast
    • Primary point of contact for internal and external audit inquires
    • Oversee the fleet relationship between the Sysco fleet leasing company and the individual operating companies.QUALIFICATIONS:
      • Education:
      • Bachelor's degree in accounting,
      • CPA required Experience:
        • 7-10+ years of experience;
        • Public accounting experience a plus.
        • Experience with Costar Real Estate Manager, Smartstream (GEAC), BPC, and Workday is preferred. Preferred Experience:
          • Big 4 experience
          • Experience with Costar Real Estate Manager , Smartstream (GEAC), BPC, and Workday Skills:
            • Intermediate Excel computer skills; must be able to create and modify existing Excel spreadsheets
            • Applicants must be currently authorized to work in the United States. Applicants must be currently authorized to work in the United States.We are proud to be an Equal Opportunity and Affirmative Action employer, and considers qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law.This opportunity--is available through Sysco Corporation, its subsidiaries and affiliates. Accounting/ Finance, Banking/ Mortgage, Other

Keywords: Professional Diversity Network, Elgin , Director of Accounting Center of Excellence, Executive , Gilberts, Illinois

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